Year-end report 2018

OCTOBER – DECEMBER 2018
– Net sales amounted to SEK 1,521 million (1,641) 

– Operating profit amounted to SEK -7 million (118)

  – Operating profit excluding non-recurring items amounted
     to SEK 30 million (83) 

– Profit after financial items amounted to SEK -28 million (99)
 – Profit after financial items excluding non-recurring items
   amounted to SEK 15 million (64) 

– Profit after tax amounted to SEK -39 million (80)
– Earnings per share amounted to SEK -0,38 (0,77)
– Cash flow from operating activities amounted
 to SEK 223 million (180)
 – Net debt amounted to SEK 2 104 Mkr (2 130)

JANUARY – DECEMBER 2018
 – Net sales amounted to SEK 6,031 milion (6,381)

– Operating profit amounted to SEK 230 million (500)
– Operating profit excluding non-recurring items amounted
   to SEK 238 million (465) 

– Profit after financial items amounted to SEK 157 million (432)
– Profit after financial items excluding non-recurring items
  amounted to SEK 171 million (397)  Profit after tax amounted to SEK 97 million (329)
 – Earnings per share amounted to SEK 0,88 (3,11)
 – Cash flow from operating activities amounted
    to SEK 500 million (190)
– Net debt amounted to SEK 2 104 million (2 130)

IMPORTANT EVENTS JANUARY – DECEMBER 2018

  – Streamlining programme and restructuring being implemented, with the aim of managing the change in the retail sector
    and the effects of reduced sales. To date, the programme has had an impact on profit after financial items amounting to
    SEK -63 million, which has been charged to Q4 2018.
  – The sale of a property and structuring work in Belgium, as well as altered purchase sums for acquisitions, had a positive net
     impact on profit after financial items amounting to SEK 49 million in 2018, of which SEK 20 million was in Q4.
  –  Agreement with Coop Spain regarding digital systems and with DollarStore Sverige regarding shop concepts
  – The Board of Directors is proposing that no dividend be paid (1.75).